Coffee, Tea, Mate and Spices
Code 09 (Harmonized System 2012 by 2 digits)
2023: US$1.24B, Total Trade Exchange
2023: US$713M, International Sales
2023: US$525M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Coffee, Tea, Mate and Spices was US$1.24B.
In 2023, the states with the most international sales in Coffee, Tea, Mate and Spices were Veracruz de Ignacio de la Llave (US$295M), Ciudad de México (US$162M), Puebla (US$75.2M), Chiapas (US$71.4M), and Chihuahua (US$24.8M).
The states with the most international purchases in 2023 were Ciudad de México (US$168M), Jalisco (US$113M), Veracruz de Ignacio de la Llave (US$58.1M), Estado de México (US$51M), and Querétaro (US$38.2M).
In 2023, the main commercial destinations of Coffee, Tea, Mate and Spices were United States (US$433M), Puerto Rico (US$35.9M), Belgium (US$30.9M), Canada (US$24.1M), and Germany (US$21.5M).
The main commercial origins of Coffee, Tea, Mate and Spices in 2023 were China (US$92.4M), Sri Lanka (US$91M), Peru (US$76.8M), Vietnam (US$57.1M), and United States (US$54.5M).
In the global context, the main exporting countries of Coffee, Tea, Mate and Spices in 2022 were Brazil (US$9.74B), Vietnam (US$5.15B), and India (US$4.38B). In the same year, the main importing countries of Coffee, Tea, Mate and Spices were United States (US$11.9B), Germany (US$5.99B), and France (US$3.09B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$1.24B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Coffee, Tea, Mate and Spices in Mexico (including international purchases and sales) was US$1.24B.
The visualizations show the net balance of Coffee, Tea, Mate and Spices at the level of states and countries. Colors more similar to blue, indicate that the territory presented a higher level of international sales. Colors more similar to red, indicate that the territory presented a higher level of international purchases.
Net International Trade
#permalink to sectionJuly, 2024
- US$75.3M, International Sales
- US$36.4M, International Purchases
In July 2024, international sales of Coffee, Tea, Mate and Spices were US$75.3M and a total of US$36.4M in international purchases. For this month the net trade balance of Coffee, Tea, Mate and Spices it was of US$38.9M.
Market Concentration
#permalink to section2024-Q3: US$74.5M, International Sales
The visualization shows the quarterly concentration of international sales of Coffee, Tea, Mate and Spices at state level.
In the third quarter of 2024, international sales were US$74.5M, being the states with the most sales Veracruz de Ignacio de la Llave (US$25.4M), Ciudad de México (US$20.8M), and Puebla (US$10.5M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionVeracruz de Ignacio de la Llave: US$295M, State with the Most International Sales (2023)
United States: US$433M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Coffee, Tea, Mate and Spices were Veracruz de Ignacio de la Llave (US$295M), Ciudad de México (US$162M), Puebla (US$75.2M), Chiapas (US$71.4M), and Chihuahua (US$24.8M).
In 2023, the countries with the most international purchases from Mexico were United States (US$433M), Puerto Rico (US$35.9M), Belgium (US$30.9M), Canada (US$24.1M), and Germany (US$21.5M).
International Purchases
#permalink to sectionCiudad de México: US$168M, State with the Most International Purchases (2023)
China: US$92.4M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Coffee, Tea, Mate and Spices were Ciudad de México (US$168M), Jalisco (US$113M), Veracruz de Ignacio de la Llave (US$58.1M), Estado de México (US$51M), and Querétaro (US$38.2M).
The countries with the most international sales to Mexico in 2023 were China (US$92.4M), Sri Lanka (US$91M), Peru (US$76.8M), Vietnam (US$57.1M), and United States (US$54.5M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Coffee, Tea, Mate and Spices and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Coffee, Tea, Mate and Spices. On the other hand, high levels of complexity (ECI) are associated with higher levels of income, potential for economic growth, lower income inequality and lower emissions.
Global Market
#permalink to sectionOrigins and Trade Destinations
#permalink to section- 1.26%, Mexican share in global exports - 2022
- 0.64%, Mexican share in global imports - 2022
The visualizations show the global market for Coffee, Tea, Mate and Spices. In both charts, Mexico stands out in order to identify its participation in the export and import market.
In 2022, the main exporting countries of Coffee, Tea, Mate and Spices were Brazil (US$9.74B), Vietnam (US$5.15B), and India (US$4.38B). In the same year, the main importing countries for Coffee, Tea, Mate and Spices were United States (US$11.9B), Germany (US$5.99B), and France (US$3.09B).